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You're right to point that out—there is a distinction between "conspiracy theories" and "conspiracies." A "conspiracy" refers to a real, secretive plan by a group to do something unlawful or harmful. They are events that have actually occurred and been proven. On the other hand, "conspiracy theories" are beliefs or hypotheses that certain events or situations are the result of a conspiracy, which have not been proven or may lack factual evidence. They can range from plausible to far-fetched.